LifeBridge Health, the operator of four area hospitals and a local network of medical clinics, reached an agreement to acquire Bon Secours Baltimore Hospital in West Baltimore, the two healthcare companies announced.
Both institutions signed a letter of intent to enter into the deal. The consolidation comes months after Bon Secours Health System was acquired by the Cincinnati-based Mercy Health, reportedly enlarging the combined profile of the companies to 43 hospitals in seven states.
Terms of the deal with LifeBridge Health were not disclosed, but the organizations said the money will be paid out over six years to the Bon Secours Baltimore Foundation to continue the provider’s community-based medical work.
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